Let me tell you my story on 519

May 19, 2021. The three major domestic financial industry associations have spoken out: providing virtual currency trading services is suspected of engaging in illegal financial activities! The currency circle was suddenly in a bloody storm!

However, with the vision of Bitcoin reaching 1 million by the end of the year, and various big Vs standing up, most of the currency friends still firmly believe that there will be a turnaround and rebound soon, and wave after wave of bottom-fishing, of course, what they are greeted with is the voice of one warehouse explosion after another.

But I did not lose my mind, and decisively turned around and became a short seller!

On the afternoon of May 19, all my bullets were 50 times leveraged, and the price of 3200U was fully shorted for ETH. 300,000 U became 1 million U in less than an hour. Seeing that wealth freedom was about to be achieved, I did not stop, but took out the profit to continue to increase my position and short, and repeated it several times. At around 5 pm, the price of ETH had fallen to less than 1900 U. When the decline reached 40% that day, my account was close to 5 million U. Oh my God! I have never been so crazy in my life. In less than an afternoon, my assets have increased more than ten times. However, things are not over yet. I am so eager to kill that I have no intention of stopping. I continue to add positions and short sell with profits. However, the market has reversed at this time. ETH showed a big V trend within half an hour, and my positions and profits were eaten up bit by bit. Finally, when the price of ETH rebounded to 2500U, I gave up short selling and cleared my positions! In the end, there was still a profit of more than 1.5 million U, but compared with the peak of 5 million U, I still regret it!

My tragic story is different from most people. Because I finally made money in this round of 519, unfortunately, I could have achieved wealth freedom in one stroke, but because of too much greed, I missed such a rare opportunity.

After such a lesson, I will make quick decisions and stop when I see good results in future investments.